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#2 IMO US Debt could roughly rise to as high or near US$25.0Trilyuhn by EOY 2013, espec iff war between the US + Iran, China occurs this summer.
US Debt could reach par or under US$25.0Trilyuhn just on current spending rates - depending on how serious + protractive a US-involved NE Asia mil conflict is, US Debt can easily rise to US$40-50.0Trilyuhn by EOY 2013 just for trying to avoid a Limited or Full-scale Nuclear War in NE Asia or East Asia.

The Euros are complaining to + about Obama, in part, because the steady rise in US Debt levels or ceilings makes it harder for already debt-ridden Euro Govts-Banks to borrow from themselves increasingly debt-ridden, cautious or discretionary US Banks = Fed Reserve - THE TRADITIONAL ENDOWMENT OR ADVANTAGE OF BORROWING FROM A US FED, BANKS WID LOWER DEBT BURDEN THAN EURO-STATES, BANKS IS RAPIDLY DISAPPEARING.

All thats left is for the debt-ridden US + Euros to borrow from US RIVAL, "POST-US" WORLD #1 WANNABE RISING CHINA, + UNDEVELOPED THIRD WORLD -"Third World" per se read, CHINA AGAIN.